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I observed similar experience making similar move for my blog (idreamcatcher.com -> presentlove.com)

The reason I think is there is some sort of "grandfathered" organic ranking component that belongs to old domain but is not being transferred to new domain, no matter what recommended practices are followed and no matter what Google says.

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Apparently, "domain age is an insignificant factor that really carries very little weight in the Google algorithm" --Matt Cutts (ref: http://rapidwebseo.com/matt-cutts-does-domain-age-really-mat...)

Well actual reality and Matt Cutt's words are contradictory.

Besides, "insignificant" != 0

What's "insignificant" for Matt Cutts and Google could be quite significant for someone's family.

It's this same grandfathered organic ranking that motivates domain squatters to jump on expired domains.

Exactly.

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